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What If the First Home You See Is the One?

If you fall in love with the first home you see, should you buy it? Most Realtors would say yes, but I recommend comparing that home to others on the market. 

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If you fall in love with the first property you see, should you buy it or keep looking at other homes?

Some Realtors will say that if you fall in love with the first home you see, you have entered buyer nirvana. You can write an offer, move into the home, and they can move on to the next deal. I think that is a big mistake.

You may still wind up buying the first home you see, but I think it is still very important to compare that first home to other homes. In my 16 years as a Realtor, I have seen many people fall in love with the first home they see and I always encourage them to continue looking at other homes.

You need to compare that property to the others to see what you will get in terms of amenities, size, and finishes. You also need to pay attention to the location. Many buyers tend to overlook these factors, especially when they are buying a new construction home. There is something appealing about the fact that no one else has lived in the property, which makes it easy for buyers to fall in love with new homes.

You need to compare the first home you see to other properties.

When that happens, you may not notice that the backyard is not conducive to your family’s needs. You may also overlook the fact that the property backs up onto a busy street, which will be a hindrance when it comes time for you to sell the home. New construction buyers don’t look at properties this way, and they should.

Even if you are buying an older home, you still need to compare the first property you see to other homes available on the market. You may really like the first home only to discover that, for $10,000 more, you can get the perfect home for you and your family.

That said, you can take things too far by looking at too many homes and getting confused about what you want. I’m not saying to go out and look at dozens of homes; just look at a few others. This is probably the biggest investment you will make in your lifetime, so you want to make sure you choose the right property and avoid buyer’s remorse.

If you have any questions about finding the right home or about real estate in general, give me a call or send me an email. I would be happy to help you!

Knowing What You Want vs. What You Need in a Home

I believe homeownership is the American Dream. When you buy a home, though, it is important to understand the difference between what you want in a home and what you need. How can you tell the difference?

The first thing I’d advise is pulling out a pen and a piece of paper and writing down two columns. In the left-hand column, list all of the things that you have today. In the right-hand column, list all the things you want. From left to right, your list should expand. This will be the criteria you will use to shop for a new home.

Make lists detailing what you want and what you need in a home.

Whatever amenities you end up listing in the right-hand column, it’s important to keep in mind that you may not get all of them in this next purchase. If your new home doesn’t have all the amenities that you want, I would strongly encourage that you start looking for ways to save money so that somewhere down the line you can procure them.

I often see people make upgrades to their home solely as part of their strategy for selling it. This is a mistake—you’re spending money that you don’t get a dollar-for-dollar return on. If you’re making upgrades, do it for yourself first. Reap the benefits of how it contributes to the home’s sale later.

If you have any questions you’d like answered, just shoot me an email or give me a call. I’d love to help in any way I can!

How Steve Stood Out from Other Agents

“They were great. We’re going to close on the new house in about a week. Steve was available and attentive. Figuring things out when we weren’t clear about how things were going. It was great, he did a fantastic job. When we were working on getting our current home closed, we have a Solar City agreement and there was a clause in it that the underwriters/buyers didn’t like and we couldn’t figure out what the problem was and Steve was the one that managed to talk to the lender and resolve the confusion and keep things moving along. And he was so available and willing to explain things and made us feel like we were in good hands. I don’t think other Realtors would have done that for us.“